Growing Up: The Rise of Neuroscience Technology

Neuroscience is a study of that is concerned with the structure and function of the nervous system. The study covers the evolution, development, physiology, cellular & molecular biology, anatomy & pharmacology of the nervous system, and also behavioral, computational and cognitive neuroscience.

Tools such as MRI scans and computerized 3-D models are used to perform tests for some common conditions including Down syndrome, Parkinson's disease, brain tumors, effects of stroke such as, language loss and many others.

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Image Credit by - umn.edu
Top Leading Market Players: General Electric Company, Siemens AG, Mediso Ltd., Laserglow Technologies, Mightex Systems, Prizmatix, Noldus Information Technology, NeuroNexus, Scientifica and Femtonics Ltd.

 The neuroscience market is anticipated to grow with a significant rate in the coming years, owing to factors such as, rising government spending on healthcare infrastructure in developed regions, increasing geriatric population and rising technological advancements. However, the neuroscience-based initiatives by government bodies is anticipated to offer more growth opportunities for the players operating in the neuroscience market.

The global neuroscience market is segmented on the basis of component and end user. Based on component, the neuroscience market is segmented as, instrument, software and services. The instrument segment is further bifurcated into MRI imaging systems and neuro-microscopy. On the basis of end user, the neuroscience market is categorized as, hospitals, diagnostics laboratories, research institutes and academic institutes.

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Key Benefits:

  • To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Neuroscience Market.
  • To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).

Source: The Insight Partners

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